BFM Podcast

Is the Progressive Wage Policy Promising?

Tan KW
Publish date: Mon, 04 Dec 2023, 10:08 PM
Is the Progressive Wage Policy Promising?

04-Dec-23 18:00

Dr Geoffrey Williams, Professor & Economist, Malaysia University of Science and Technology (MUST)

The progressive wage policy was tabled in parliament last week by Economic Minister Rafizi Ramli, and it put forward three main mechanisms: it would be implemented voluntarily, it'd be incentive-based (provided by the government), and it would focus on worker productivity. So we discuss the effectiveness of this model with economist Dr Geoffrey Williams.

Image Credit: Facebook / Rafizi Ramli

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